Consider the scenario of three people (Neo, Trinity, and Tank) with different in
ID: 1125165 • Letter: C
Question
Consider the scenario of three people (Neo, Trinity, and Tank) with different income levels in four different societies (A,B,C,D) Trinity $100 $100 $600 $102 Society Neo $100 $150 $600 $1096 $100 $50 $99 $101 Average Income $100 $100 $433 $433 Answer the following questions (don't forget to explain your answers) (1) According to Rawls' Maximim Principle, what society is more just A or B? [5 points] (2) According to Rawl's Maximim Principles, what society is more just A or C? [5 points] (3) According to Rawl's Maximim Principle, what society is more just C or D? [5 points] (4) According to Rawl's Maximim Principle, what society is more just A or D? [5 points] (5) Explain why economists argue that the maximin principle is inadequate for evaluating policy. [5 points]Explanation / Answer
(1) According to Rawls' Maximim Principle, what society is more just A or B
<>Society A is more just than society B since all persons are earning the same
(2) According to Rawl's Maximim Principles, what society is more just A or C
<>Society C is more just since most of the persons are earning extremely higher than in society A
(3) According to Rawl's Maximim Principle, what society is more just C or D
<>Society C is more just than society D since in D some people are earning extra higher than some persons in the same society
(4) According to Rawl's Maximim Principle, what society is more just A or D
Society A is more just than the society D since the salaries for all persons in A are average and equal
(5)The economists argue that the maximin principle is inadequate for evaluating policy since it ignores trade-offs. A little bit less income to the worst off.Sometimes it accepts that that if it comes with a large gain or lower income then a conclusion can be made from this.